PUBLISHER: iGate Research | PRODUCT CODE: 1413710
PUBLISHER: iGate Research | PRODUCT CODE: 1413710
The global narcolepsy drugs market was valued at US$ 3,596 Million in 2023, and is projected to reach US$ 6,138 Million by 2030. Narcolepsy is a chronic neurological disorder that affects the brain's ability to regulate sleep-wake cycles, resulting in excessive daytime sleepiness (EDS) and, in many cases, cataplexy (sudden loss of muscle control). People suffering from narcolepsy frequently struggle to stay alert for extended periods and experience excessive sleepiness for most of the day. According to the National Institute of Neurological Disorders and Stroke (NINDS) estimates, narcolepsy affects over 3 million people globally and about 135,000 to 200,000 people in the United States. The growing stress levels among individuals, an upsurge in intake of alcohol, tobacco, and other dangerous addictive substances is likely to raise the number of patients with narcolepsy disorders.
Narcolepsy is a lifelong condition that cannot be cured, but medicines and lifestyle changes can help in managing the symptoms. Narcolepsy is currently treated with sodium oxybate, central nervous systems stimulants, selective serotonin reuptake inhibitors (SSRIs) and other antidepressants, but these therapeutics only provide symptomatic treatment. The global narcolepsy drugs market has witnessed significant growth in recent years owing to the rising prevalence of narcolepsy and increased awareness about the condition. The market is driven by the increasing demand for effective treatment options that can alleviate the narcolepsy symptoms and improve the quality of life for affected individuals. Pharmaceutical companies such as Jazz Pharmaceuticals, Takeda Pharmaceuticals, Teva Pharmaceuticals, Axsome Therapeutics Inc., NLS Pharmaceutics and other companies are actively involved in research and development activities to introduce novel and more efficient drugs in the market. Moreover, governments in countries such as India, China, and South Africa are promoting the manufacturing of narcolepsy drugs due to the associated health benefits, which is projected to fuel the narcolepsy drugs market over the forecast period. The increasing awareness programs conducted by various organizations such as Wake Up Narcolepsy, the American Academy of Sleep Medicine, Narcolepsy UK, Narcolepsy Australia, and many others are increasing awareness levels about the disease and guiding people and healthcare professionals to improve the quality of life of patients with narcolepsy.
Recent Developments
By Therapeutic Type: Global Narcolepsy Drugs Market and Forecast - Key Takeaways
By Disease Type: Global Narcolepsy Drugs Market and Forecast - Key Takeaways
By End User: Global Narcolepsy Drugs Market and Forecast - Key Takeaways
By Region: Global Narcolepsy Drugs Market and Forecast - Key Takeaways
iGATE RESEARCH report titled "Global Narcolepsy Drugs Market, By Therapeutic Type (Central Nervous Systems Stimulants, Selective Serotonin Reuptake Inhibitors, Sodium Oxybate, Tricyclic Antidepressants, Others), By Disease Type (Excessive Daytime Sleepiness, Cataplexia, Other Disease Type), By End User, Regional Analysis, Pipeline Analysis, Key Company Profiles, Financial Insights, Trends and Recent Developments - Forecast to 2030" provides a comprehensive analysis of the Global Narcolepsy Drugs Market.
This 172 Pages report with 95 Figures and 12 Tables has been analyzed from 10 View Points:
1) Global Narcolepsy Drugs Market and Forecast (2018 - 2030)
2) Global Narcolepsy Drugs Market Share and Forecast (2018 - 2030)
3) By Therapeutic Type - Global Narcolepsy Drugs Market and Forecast (2018 - 2030)
4) By Disease Type - Global Narcolepsy Drugs Market and Forecast (2018 - 2030)
5) By End User - Global Narcolepsy Drugs Market and Forecast (2018 - 2030)
6) By Region - Global Narcolepsy Drugs Market and Forecast (2018 - 2030)
7) Global Narcolepsy Drugs Market - Recent Developments
8) Global Narcolepsy Drugs Market - Pipeline Analysis
9) Global Narcolepsy Drugs Market - Company Profiles, Financials, Recent Developments
10) Global Narcolepsy Drugs Market Dynamics - SWOT Analysis, Growth Drivers & Challenges
By Therapeutic Type - Global Narcolepsy Drugs Market & Forecast
By Disease Type - Global Narcolepsy Drugs Market and Forecast
By End User - Global Narcolepsy Drugs Market & Forecast
By Region - Global Narcolepsy Drugs Market & Forecast
Global Narcolepsy Drugs Market - Key Company Profiles, Recent Developments, Financial Insights
Data Source
iGATE RESEARCH employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports. This report is built by using data and information sourced from Proprietary Information Database, Primary and Secondary Research Methodologies, and In house analysis by iGATE Research dedicated team of qualified professionals with deep industry experience and expertise.
Research Methodologies
Primary Research Methodologies: Questionnaires, Surveys, Interviews with Individuals, Small Groups, Telephonic Interview, etc.
Secondary Research Methodologies: Printable and Non-printable sources, Newspaper, Magazine and Journal Content, Government and NGO Statistics, white Papers, Information on the Web, Information from Agencies Such as Industry Bodies, Companies Annual Report, Government Agencies, Libraries and Local Councils and a large number of Paid Databases.